CSRA MOB Portfolio II, DST reached full cycle with the sale of both its buildings. Capital Square's announcement of the Kinston, North Carolina property carries the date October 11, 2023; the sale of the Mechanicsville, Virginia property surfaced later, in an August 2024 item. The Form D on file records what Capital Square set out to raise.
Sponsor | Capital Square |
Asset class | Commercial (medical office) |
Exemption | 506(b) |
Offering ceiling | $22.46 million |
Minimum investment | $25,000 |
First Form D filing | September 29, 2014 |
For the Kinston building, Capital Square reports a total return of 147.63%, as reported by the sponsor, in its October 2023 announcement, and puts the annualized return at 7.15%, as reported by the sponsor, on the offering's Capital Square page. For the Virginia building, an August 2024 AltsWire item reports an average total return of 136%, as reported by the sponsor.
The announcements Top1031 reviewed name the individual buildings rather than the trust by its registered title, and the reported figures attach to the underlying properties. No original projection appears in the record to set beside them; the Form D states the offering's terms, not a return.
The disposition adds a further completed offering to Capital Square's full-cycle record.